Mortgage Calculator

Estimate your monthly home loan payment, total interest and total cost.

About the Mortgage Calculator

Buying a home is one of the largest financial decisions most people will ever make. The HanCalc Mortgage Calculator helps you understand exactly what your monthly payment will be, how much interest you will pay over the life of the loan, and how different terms or down payments affect the total cost. Simply enter the home price, your down payment, the interest rate offered by your lender, and the loan term, then click Calculate. The result updates instantly and clearly shows the breakdown.

Use the calculator to compare different scenarios — for example, a 15-year mortgage at a slightly lower rate versus a 30-year mortgage. The 30-year payment is lower per month, but the total interest paid can be more than double. By experimenting with the inputs, you can quickly find the combination of price, down payment, rate and term that fits your budget.

FAQ — Mortgage Calculator

What is included in the calculation?
The calculator computes the principal-and-interest portion of your monthly payment. It does not include property taxes, insurance, HOA fees or PMI.
Can I use it for refinancing?
Yes — just enter your remaining loan balance as the home price and 0 as the down payment.
Why is my real lender quote different?
Lenders include taxes, insurance, points and origination fees in their final monthly figure.